In the age of web3.0, blockchain and crypto-currencies, it has become important to find the elements of trust that will enable reliable, fast, secure and open actions and transactions. In the midst of this new Internet paradigm and the desire for more direct and secure exchanges, it is sometimes difficult to discern the advantages and disadvantages of each solution. The key is to find the compromise that best suits your situation and your use of blockchain. If we had to choose just one feature, it would be interoperability.
Get an interoperable wallet for your data transactions
The very concept of crypto-currencies, and more broadly of blockchain and Web 3.0, is defined by the need for trust. This trust, which wants to free itself from the necessary intervention of a third party, whatever that may be, often finds itself bridled or restricted in terms of exchange possibilities. Indeed, each crypto-currency, each solution, is designed to be specific and relatively closed. Closed to other solutions, other crypto-currencies and other types of blockchain. But we’re entering a new era in the management of data from decentralized databases. While all players will continue to manage their data autonomously and independently, as sole owners, they are now in a position to open up to different networks. This will simplify the management of their assets, whatever their form.
If everything is still done with a wallet, as there are many, each dedicated to a specific crypto, it will now be possible to bring all the elements together in a single place. Indeed, where it used to be necessary to have three wallets for three types of assets linked to a blockchain, there are tools that allow you to configure certain wallets to open them. To do this, you first need to identify the type of wallet that will allow it, but you also need to know how to configure MetaMask, for example, which is one of the pioneers of this open approach.
In simple terms, this type of wallet will enable broader communication with technological solutions that share the same ideology, but are designed in a specific way. Until now, it wasn’t possible to communicate, exchange or read different crypto-currencies, for example, from the same wallet.
For a better understanding: the example of web browsers
It’s much the same as when you have a web browser for which the editor allows different players to create and make available compatible extensions, modules, or plugins. These allow web browser users to add extensions that support certain features or file types. This is something the browser does not do natively. The result is interoperability, which offers the possibility of simplifying the use of a tool, enriching it by extending its functionality, and making it customizable for every user.
This leap forward is designed to help users understand, use and migrate from today’s Web 2.0 to tomorrow’s Web 3.0. The latter is intended to be the web of trust, since it is no longer necessary to expect a third party to carry out a transaction or operation on one’s behalf.
